❓ Question#indices
T
Trading Wolf
Trader · · 74 views
What is GIFT Nifty and how does it predict market opening?
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I hear traders mention GIFT Nifty before Indian markets open. How do I use this to predict the opening?
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✅Best Answer
MH
Market Hawk
Trader · 15 days ago
GIFT Nifty trades in the GIFT City (Gujarat) SEZ from 6am to midnight. It tracks Nifty futures and gives an indication of where Indian markets will open.
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WA
Wolf Alpha
Trader · 15 days ago
Check GIFT Nifty at 9:00am IST. If it is +100 points vs previous Nifty close, expect roughly +100 point gap up at open. But the gap often partially fills in the first 30 minutes.
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